Mirae Asset Global Investments Co. Ltd. Buys 34,700 Shares of Verisk Analytics, Inc. $VRSK

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,700 shares of the business services provider’s stock, valued at approximately $5,824,000.

A number of other large investors also recently modified their holdings of the business. ProShare Advisors LLC boosted its stake in Verisk Analytics by 4.3% in the third quarter. ProShare Advisors LLC now owns 22,237 shares of the business services provider’s stock valued at $3,732,000 after acquiring an additional 912 shares during the period. Vise Technologies Inc. grew its holdings in shares of Verisk Analytics by 61.9% during the third quarter. Vise Technologies Inc. now owns 5,298 shares of the business services provider’s stock valued at $889,000 after purchasing an additional 2,026 shares during the last quarter. Grandfield & Dodd LLC grew its holdings in shares of Verisk Analytics by 2.8% during the third quarter. Grandfield & Dodd LLC now owns 154,328 shares of the business services provider’s stock valued at $25,904,000 after purchasing an additional 4,188 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of Verisk Analytics by 12.5% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 106,750 shares of the business services provider’s stock valued at $17,918,000 after purchasing an additional 11,900 shares during the last quarter. Finally, Parcion Private Wealth LLC acquired a new stake in shares of Verisk Analytics during the 3rd quarter worth approximately $304,000. 90.00% of the stock is currently owned by institutional investors.

Insider Activity at Verisk Analytics

In other news, CFO Elizabeth Mann sold 400 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $184.85, for a total transaction of $73,940.00. Following the completion of the transaction, the chief financial officer directly owned 17,584 shares in the company, valued at approximately $3,250,402.40. The trade was a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Lee Shavel sold 3,535 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $193.43, for a total value of $683,775.05. Following the completion of the transaction, the chief executive officer directly owned 98,490 shares of the company’s stock, valued at $19,050,920.70. This trade represents a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 11,805 shares of company stock valued at $2,195,489. Insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on VRSK shares. Robert W. Baird set a $247.00 price target on Verisk Analytics in a report on Thursday, July 30th. Morgan Stanley reduced their price objective on Verisk Analytics from $235.00 to $215.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Royal Bank Of Canada restated an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, October 15th. BMO Capital Markets dropped their target price on Verisk Analytics from $248.00 to $217.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 13th. Finally, Evercore set a $223.00 target price on Verisk Analytics in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $224.79.

Get Our Latest Research Report on Verisk Analytics

Verisk Analytics News Summary

Here are the key news stories impacting Verisk Analytics this week:

Verisk Analytics Stock Up 6.9%

Verisk Analytics stock opened at $211.47 on Friday. The firm has a 50-day moving average price of $182.65 and a two-hundred day moving average price of $186.41. The firm has a market capitalization of $27.52 billion, a price-to-earnings ratio of 32.48, a PEG ratio of 2.23 and a beta of 0.65. Verisk Analytics, Inc. has a 52-week low of $155.94 and a 52-week high of $227.16.

Verisk Analytics (NASDAQ:VRSK – Get Free Report) last posted its earnings results on Thursday, November 5th. The business services provider reported $1.96 EPS for the quarter, topping the consensus estimate of $1.92 by $0.04. Verisk Analytics had a net margin of 28.24% and a negative return on equity of 239.55%. The firm had revenue of $809.00 million during the quarter, compared to analysts’ expectations of $805.88 million. During the same quarter in the prior year, the firm earned $1.72 EPS. Verisk Analytics’s quarterly revenue was up 5.3% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Research analysts expect that Verisk Analytics, Inc. will post 7.71 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 15th. Verisk Analytics’s payout ratio is 30.72%.

About Verisk Analytics

(Free Report)

Verisk Analytics, Inc (NASDAQ: VRSK), doing business as Verisk, is a global data analytics and technology company serving the insurance industry and other risk-focused markets. Its platforms help organizations use data, statistical models and workflow tools to evaluate risk, make decisions and improve operational efficiency.

Verisk’s insurance offerings support underwriting, pricing, claims management, fraud detection, catastrophe modeling and regulatory compliance. Its products include industry data, predictive analytics, property and casualty risk solutions, claims-estimating tools and information used by insurers to assess property, vehicles, businesses and other exposures.

See Also

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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